NexusPayables is the automated accounts payable software system that puts an end to the inefficiencies of the traditionally paper based and labor intensive AP process. The NexusPayables product is a web-based, PO and invoice workflow approval management application which integrates seamlessly with your GL accounting system. Commonly referred to as an e-payables solution, NexusPayables empowers accounting data with automation, digital imaging, and electronic workflow to centralize and aid financial management and control.
In fact, after implementing NexusPayables, our client base reports an average of 63% in cost savings to process invoices and a 65% decrease in the amount of time it takes. NexusPayables transforms your AP department from a cost center into a profit center by providing the technology needed to realize these attainable savings. No more lost invoices, late fees, and duplicate invoice payments and data entry. Eliminate filing, searching, copying, and compiling of paper and the additional staff to do so. Greatly minimize status inquires, re-classing GLs, courier and expedited shipping fees, document storage expenses, and all the other hidden costs associated to a manual and dispersed AP process. Rather, start earning early payment discounts, leverage special pricing terms, and greatly improve your cash flow and the bottom line.